(Reuters) - The U.S. non-farm payrolls report for June is
expected to show the U.S. labour market remains firm, bolstering
the view that a solid economy will keep down the chances of an
interest rate cut this year.
That view has pushed up bond yields recently, setting off
concerns that a higher cost of borrowing will squeeze out of the
market the liquidity that has been behind many asset price
gains.
Read more at Reuters.com Bonds News
expected to show the U.S. labour market remains firm, bolstering
the view that a solid economy will keep down the chances of an
interest rate cut this year.
That view has pushed up bond yields recently, setting off
concerns that a higher cost of borrowing will squeeze out of the
market the liquidity that has been behind many asset price
gains.
Read more at Reuters.com Bonds News
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